Plastic product exports from Bangladesh grew 17 percent year-on-year to $162 million in the first eight months of the current fiscal year as the country ensured supply at competitive prices and even discovered new markets despite the global economic downturn.

With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.

The planned merger of Shariah-based Exim Bank and struggling Padma Bank is likely to take between 18 months to two-and-a-half years to complete, according to central bank officials.

It signs deal with representative of Kia Corporation

New guideline on supervision charge issued

The Bangladesh Restaurant Owners' Association (BROA) claims

India’s National Cooperative Export Ltd will purchase 1,650 tonnes at Rs 29 a kg

The MoU will open the process of merger

Planned industrial development remains elusive in Rangpur as construction of a second economic zone in the northern district of Bangladesh has been barred by red tape for 16 years now. Besides, the existing industrial enclave of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in the region has fallen into disrepair, forcing entrepreneurs to search elsewhere to set up shops.

Banks in Bangladesh witnessed a sharp decline in deposits in rural areas in the last quarter of 2023, the first fall in five years, data from the central bank showed.

Liquidity in the foreign exchange market is increasing due to a rise in the inflow of US dollars, riding on growing remittance, export earnings and currency swap deals.

Textile makers in Bangladesh are witnessing slow sales ahead of Eid-ul-Fitr due to factors including a drop in demand for women's salwar-kameez amidst a high living cost and a lack of interest among the affluent class to donate clothes as Zakat to avoid hassle.

A significant portion of Teletalk's mobile network towers lacks adequate battery backup systems, exacerbating customer frustrations with its unreliable service and contributing to a steady decline in its subscriber base.

Despite facing one of the highest tariff rates, Bangladesh is the third-largest apparel exporter to markets in the US because of its efforts to improve working conditions, end forced labour, stamp out counterfeits, and provide safe and high-quality products to American consumers, said the American Apparel and Footwear Association (AAFA) at a hearing recently.

Bangladesh's economy heavily depends on garment exports and remittances for its foreign exchange reserves, with limited diversification in agricultural products. Despite being an agrarian society, it imports key agriculture-related products, straining reserves.

Bangladesh is turning into a manufacturing hub for consumer electronics thanks to its affordable wage structure, expertise in information technology and light engineering industries, according to Singer Bangladesh.

Around 3.77 crore people experienced moderate to severe food insecurity in 2023, according to a survey by Bangladesh Bureau of Statistics.

Workers of two Readymade Garment (RMG) factories demonstrated in front of their factories in Gazipur today and observed a daylong work abstention demanding unpaid wages

Production of active pharmaceutical ingredients (APIs) at the API Industrial Park in Gazaria of Munshiganj will begin next month, with ACME Laboratories set to commission its manufacturing unit despite the lack of gas supply.

The long-term imposition of the floor price has had a negative impact on the stock market, leading to the current bearish trend, according to Md Ashequr Rahman, managing director of Midway Securities.